Granite Creek Copper Ltd. has announced an update regarding its transaction with Cascadia Minerals Ltd., where Cascadia intends to acquire all issued and outstanding common shares of Granite Creek. The transaction, set out in an Arrangement Agreement dated June 8, 2025, involves Cascadia exchanging 0.25 of its common shares for each common share of Granite Creek. A special meeting of Granite Creek's shareholders and option holders is scheduled for August 5, 2025, to approve the transaction, with the anticipated closing date around August 8, 2025, pending necessary approvals and conditions. This update follows Granite Creek Copper's initial news release on June 9, 2025.
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